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Moscow and Yerevan to explore uranium deposits in Armenia

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  • Moscow and Yerevan to explore uranium deposits in Armenia

    AFX News
    January 29, 2007 Monday 2:28 PM GMT
    LENGTH: 243 words

    Moscow and Yerevan to explore uranium deposits in Armenia


    YEREVAN (AFX) - Moscow and Yerevan want to explore uranium deposits
    in Armenia which could supply the Armenian nuclear power station in
    Metsamor, the Armenian presidency announced.

    'Uranium deposits were first prospected in Armenia in the Soviet era.
    There are documents which confirm their existence in the Rosatom (the
    Russian federal agency for atomic energy) archives', spokesman to the
    Armenian president Viktor Sogomonian told the press.

    Specialists from a Russian-Armenian commission (to be created for
    this project) will evaluate the reserves of these deposits and
    determine whether they would be worth mining, the spokesman said.

    'The uranium will not be enriched and will be produced exclusively
    for the Armenian nuclear industry', Sogomonian said.

    Armenia's only nuclear power station is in Metsamor, 30km west of
    Yerevan. It produces 40 pct of the country's electricity. Since 2005,
    it has been managed by Inter SEU, a subsidiary of the Russian
    electricity giant SEU.

    According to the Armenian energy minister, 70 pct of electricity
    produced in Armenia depends on deliveries of Russian gas and nuclear
    fuel.

    From: Emil Lazarian | Ararat NewsPress
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